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EcoTV WEEK - Spain: A bad reputation
Thibault Mercier, OCDE economist
Overview: Spain - The cost of doubt
The vagueness around Spanish banks capital needs and the way of coping with it, with or without Europe, is costly for Rajoy government.
The week in the US: In need for jobs
Data released this week were rather disappointing, even if they do not point to worsening US prospects… yet.
The week in the Euro zone: From bad to worse
This week, the European Commission published its closely-watched Economic Sentiment Indicator, which has been a good leading indicator of GDP momentum.
Focus 1: Ireland
The ‘Yes' vote prevailed in the referendum on the European fiscal compact held on Thursday 31 May.
Focus 2: Greek banks - holding their breath
Following an anxious wait lasting several weeks, Greece's banks have finally been recapitalised. While this comes as a relief, it will not prevent further outflows of deposits.
EcoWEEK: Spain - The cost of doubt
Economic Research is a worldwide function of Corporate Investment Banking (CIB ) that groups together economists based in Paris, London, New York and Tokyo